Bravo makes Botchkarev, one of Russia's most popular premium beer brands. It also has the local licence to sell Lowenbrau.
Heineken has been exporting its flagship brand to Russia for over a decade and the Bravo acquisition will enable it to produce the brand locally.
The deal follows recent moves into the Russian market from Irn Bru maker AG Barr and PepsiCo's Frito Lay snacks division.
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